India's inflation soared to 7.81 per cent in September, the highest this financial year, from 7.55 per cent in August as prices of pulses, wheat, cereals, potato and diesel rose, government data show

The Supreme Court on Monday refusedto stay the FDI in retail sector but said the government policy suffers from lack of legal sanction which could be cured by amending the regulations in the Foreign E

The economy will turn the cornerin the next six months as the deceleration of the past several quarters has been arrested, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Monday.

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India is expected to see asubstantial jump in the number of millionaires in the next five years as the total tally for the super rich in the country is likely to touch 242,000 by 2017, a report says.

After announcing a slew of reform measures to revive growth, India's finance minister P. Chidambaram has indicated that the Budget for 2013-14 would focus on cutting wasteful expenses and promoting investments.

Expressing concern over uncertainty in global economy, Indian Finance Minister P Chidambaram said
high commodity prices, particularly energy prices, pose a major risk to the country's growth and infla

Disappointing second quarter profitsand lower sales guidance by Infosys on Friday pulled down the
Sensex by 130 points, amid a revival in industrial growth and easing inflation that dimmed rate cut ho

Reversing the trend of contraction, India's industrial production grew 2.7 per cent in August, led by a rebound in manufacturing activities, government data showed Friday.

Factory output, measured in

Promising more reforms initiatives in the next two years, Finance Minister P. Chidambaram said there was no serious threat of downgrade of the country’s credit rating by Standard and Poor’s.

“I don’t

India’s exports continued to decline for the fifth month, contracting 10.78 per cent to $23.69 billion in September due to slowdown in the western economies.

The exports in September 2011 had totalle